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Updated: June 12, 2025
Whether the financiering of the American Revolution is to be looked upon in a pathetic or in a comical light must depend upon the mood of the observer. The spectacle of a young people, with no accumulated capital, engaged in supporting the charge of a mortal struggle against all the vast resources of Britain, has in it something of pathos.
This was as strange a piece of financiering as was ever consummated; and the inside history of the matter, with its peculiar psychology, has never been written. The only two persons who could have told that story in its completeness were Voltaire and the Madame du Chatelet, and neither ever did.
It was like the financiering of a schoolboy, who issues his IOU's among his mates, and refers the exacting and business-like tradesman to his father. France was cast for the rôle of father to the congressional schoolboy for many wearisome years.
These cover the class of persons and that range of duties in the economic process which have to do with the ownership of enterprises engaged in competitive industry; especially those fundamental lines of economic management which are classed as financiering operations. To these may be added the greater part of mercantile occupations.
Men who had loaned large sums of money to Mississippi could not be made to understand that Walker himself had been the responsible agent of Mississippi in those days. From the beginning of this unpleasant advertising of former American financiering, in which Northern States had sinned quite as flagrantly as Southern, Confederate credit in Europe declined.
Demonstrate. "'What is this paraphernalia you speak of, Doc? says the Mayor. 'You ain't a Socialist, are you? "'I am speaking, says I, 'of the great doctrine of psychic financiering of the enlightened school of long-distance, sub-conscientious treatment of fallacies and meningitis of that wonderful in-door sport known as personal magnetism. "'Can you work it, doc? asks the Mayor.
But if it be divided between two objects and pursuits, and especially if both of these require much thought, its action will be imperfect to a certain degree in both, or one will suffer while the other absorbs the most attention. Thus it happened with Lawrence. While ardently engaged in financiering, his business received less attention.
"Colonel Blaylock," said the little elderly lady, shaking her gray curl and smiling indulgent explanation at J. Pinkney Bloom, "is so devoted to businesss. He has such a talent for financiering and markets and investments and those kind of things.
"They swindle a nation of a hundred million and call it Financiering; they levy a blackmail and call it Commerce; they corrupt a legislature and call it Politics; they bribe a judge and call it Law; they hire blacklegs to carry out their plans and call it Organisation; they prostitute the honour of a State and call it Competition. "And this is America.
If I myself push my devotion to the point of helping him to write a book on public financiering or anything else, no matter what which would give him that celebrity, I ought also to think of the other matter, his property it would be absurd to expect you to give him this house " "For my brother? Why, I'd put it in his name to-morrow," cried Brigitte. "You don't know me."
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